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Jurors in the trial of former Dewey & Lebeouf leaders asked on Friday for an excerpt of testimony from former Dewey Finance Director Frank Canellas. (Credit: Law360)

Dewey Jury Still Stuck, Asks For Star Cooperator Testimony

Jurors in the trial of the former leaders of Dewey & LeBoeuf LLP met Friday for the 17th time to weigh the Manhattan district attorney’s allegations of a scheme to defraud Dewey’s lenders and investors before the firm collapsed, and asked to rehear testimony from the star cooperating witness.

  • Ferrari Could Be Valued At Almost $10B In IPO

    Ferrari NV is poised to be valued at up to $9.8 billion in its long-awaited U.S. initial public offering, the luxury automaker’s parent company, Fiat Chrysler Automobiles NV, disclosed in a Friday securities filing.

  • 2nd Circ. Won't Reconsider Argentina Central Bank Ruling

    The Second Circuit on Friday refused to reconsider its decision barring bondholders from suing Argentina’s central bank to collect the billions of dollars in debt they say the country’s government owes them, solidifying a finding that the bank isn’t the government’s alter ego.

  • SandRidge Energy Agrees To $38M Deal In Shareholder Suits

    An Oklahoma federal judge gave a preliminary nod Friday to SandRidge Energy Inc.'s $38 million deal to partially settle shareholder derivative claims over the 2013 ouster of CEO Tom Ward that came amid a chorus of criticism from investors over perceived wrongdoings.

  • Chancery Blasts Disclosure-Only Deal In HP Merger Suit

    A Delaware Chancery judge on Friday quashed a proposed settlement that sought to resolve an investor lawsuit over Hewlett-Packard’s $2.78 billion merger with Aruba Networks, a settlement the judge called part of a systemic problem of disclosure-only resolutions.

  • SAS Wins $29M Jury Award Over Software License Breach

    A North Carolina federal jury awarded about $29 million to SAS Institute Inc. on Friday after a three-week trial in a suit in which it accused rival World Programming Ltd. of breaching a licensing contract for computer programs.

  • SC Jury Slaps Celanese With $14M Asbestos Verdict

    A South Carolina jury found Celanese liable for a worker's exposure to asbestos at one of the industrial chemical company's facilities that resulted a fatal case of mesothelioma, awarding his family $14 million damages on Thursday.

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